Humidifier Market Analysis
The Humidifier Market is expected to register a CAGR of greater than 6% during the forecast period.
Humidifier Market Trends
Increasing Adoption of Humidifiers in Industrial Segment
Humidifiers are becoming essential appliances in many industries where maintaining a level of moisture is very important. For instance, in the healthcare industry, hospitals focusing on increasing the comfort level for patients with the help of various medical ventilators are being used that usually includes humidifiers. Additionally, growing concern over static electricity in textile, printing, and automotive industries are driving the demand of humidifiers for industrial applications. It is a very effective way to eliminate the build-up of static electricity in manufacturing environments as it helps to keep the humidity. Moreover, the growing demand of industrial ultrasonic humidifier for indoor planting such as warehouses and greenhouses, especially in the cold regions, is likely to support the market growth during the forecast period.
North America and Europe Hold Prominent Position in Humidifier Market
North America and Europe have matured markets and hold the major share of the market. The rising awareness among the people, growing concerns regarding skin problems, and cold and low humid environments in the country have driven the markets of humidifiers in these regions. There are large manufacturers in the region that will also lead to rising promotions and fueling the demand for products in the region. Organizations such as the US Environmental Protection Agency (USEPA), America Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE) are also expected to add to the growth in the market by following stringent policies.
Humidifier Industry Overview
The humidifiers market is fragmented with a large number of major and minor players in the market. New product launches and innovation are some of the strategies adopted by players to remain competitive in the market. Major players include DriSteem, Boneco AG, Webmaster, Armstrong International Inc., and HygroMatik GmbH.
Humidifier Market Leaders
DriSteem
Boneco
Carel Industries S.p.A.
Condair Group AG
Dyson
- *Disclaimer: Major Players sorted in no particular order